The Baltics : Competitiveness on the Eve of EU Accession /

Large current account deficits in Estonia and Latvia, and the continued real appreciation of the exchange rate in Lithuania, have prompted concerns about the competitiveness of the Baltic economies, and called into question the sustainability of their current fixed exchange rate arrangements. Recent...

Fuld beskrivelse

Bibliografiske detaljer
Hovedforfatter: Xiao, Yuan
Andre forfattere: Burgess, Robert, Fabrizio, Stefania
Format: Tidsskrift
Sprog:English
Udgivet: Washington, D.C. : International Monetary Fund, 2004.
Online adgang:Full text available on IMF
Beskrivelse
Summary:Large current account deficits in Estonia and Latvia, and the continued real appreciation of the exchange rate in Lithuania, have prompted concerns about the competitiveness of the Baltic economies, and called into question the sustainability of their current fixed exchange rate arrangements. Recent external performance, however, appears to be explained more by temporary or cyclical developments than by a deterioration in the underlying competitive position of the Baltic economies. This book assesses the competitive position of the Baltic countries and focuses, in particular, on the viability of the countries' strategy of maintaining their fixed exchange rates on joining the European Union, participating in its exchange rate mechanism, and then adopting the euro at the earliest possible date.
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<strong>On-Campus Access:</strong> No User ID or Password Required
Fysisk beskrivelse:1 online resource (79 pages)
Format:Mode of access: Internet
Adgang:Electronic access restricted to authorized BRAC University faculty, staff and students